Mo. AseemJan 01, 2022 · 3 years ago3 answers How did the 2016 stock bubble affect the adoption of digital currencies?
In 2016, there was a significant stock bubble that had a widespread impact on the financial markets. How did this stock bubble specifically affect the adoption and usage of digital currencies like Bitcoin? Did the stock bubble lead to an increase in the adoption of digital currencies as a safe haven investment? Or did it have a negative impact on the adoption of digital currencies due to increased market volatility and risk aversion?